Beginning in 1946 as a small woodworking shop, today Glenn Rieder has grown into a national subcontractor that has successfully completed projects throughout North America. Mike Floyd and Jim Caragher purchased the company in January of 2000 from Douglas Rieder, the son of the company’s founder. Park Bank has partnered with them from the start, supporting their vision for growth and their business through the economic cycles.
“Our relationship with Park Bank means everything to us. One of the reasons we have been successful is because we've enjoyed their support. They've been a big piece of our foundation and a catalyst toward success. Without that support, we wouldn't have been able to achieve the growth we've experienced over the last two decades.”
When Mike and Jim purchased the company, they had one office and no email. Over the last 19 years, the company’s revenues and employment have grown substantially. In 2018, Glenn Rieder increased its number of employees by over 12% worldwide and built a 120,000-square-foot, state-of-the art facility on 11.5 acres in West Allis. Today they have live video conversations simultaneously from 12 different locations and have converted all paper drawings to digital touch screen displays on the shop floor – a long way from their early years.
“Twenty years ago, Park Bank was the one bank willing to take a chance on us. And as we’ve grown, they’ve been with us through thick and thin. It’s extremely satisfying to have our bank listen to us and treat us fairly all along the way.”
Glenn Rieder Stats:
- Operates 5 facilities throughout the U.S and Mexico
- Has more than 200,000 ft. of manufacturing space
- Employs more than 270 people
- Recently invested more than $1 million in new technology
- Recently completed its 3000th project
- In business since 1946